Coronavirus Trust Fund: Government of Ghana receives GH¢8,750 million so far, according to President Akufo-Addo

Ghana’s President Nana Akufo-Addo has disclosed that the country has so far received about GH¢8,750 million to fight the novel Coronavirus (COVID 19).

His Excellency Nana Addo Dankwa Akufo-Addo, the president of the Republic of Ghana

This comes after he recently announced a fund for the menace christened the COVID 19 Trust Fund which will be managed by an independent board of trustees chaired by former Chief Justice, Sophia Akuffo.

According to him, the fund is set up to complement the government’s fight against the virus and to assist the welfare of the needy and vulnerable.

President Akufo-Addo said this while addressing the nation on Sunday, April 5, 2020.

He noted that so far, the government has received about GH¢8,750 million which includes $600,000 into the fund.

“I am happy that so many appointees in my government have also followed my government by donating their salaries,” President Akufo-Addo commended.

Adding that he has directed the Minister for Finance to send to Parliament the ‘Coronavirus Alleviation Programme’.

He said the program will help protect households and livelihoods, support micro, small and medium-sized businesses, minimize job losses and source additional funding for promotion of industries to shore up and expand industrial output for domestic and export.

"We are in difficult times, and that is why I directed the Minister for Finance to send to Parliament the Coronavirus Alleviation Programme (CAP), whose objective is to protect households and livelihoods, support micro, small, and medium-sized businesses, minimise job losses, and source additional funding for promotion of industries to shore up and expand industrial output for domestic consumption and exports," he said.

Our newsletter gives you access to a curated selection of the most important stories daily.

Welcome to the Pulse Community! We will now be sending you a daily newsletter on news, entertainment and more. Also join us across all of our other channels - we love to be connected!

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Linet Toto excited as she unveils sleek ride after 1 month in office [Photos]

Linet Toto excited as she unveils sleek ride after 1 month in office [Photos]

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Diwali 2022: Is Monday a public holiday in Kenya?

Diwali 2022: Is Monday a public holiday in Kenya?

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Mathias Pogba brands Paul Pogba 'a so-called Muslim steeped in witchcraft' amid fetish claims about Kylian Mbappe

Mathias Pogba brands Paul Pogba 'a so-called Muslim steeped in witchcraft' amid fetish claims about Kylian Mbappe

Referee behind chaos at AFCON was rushed to hospital after match

Referee behind chaos at AFCON was rushed to hospital after match

Ne-Yo speaks out after wife Crystal announced end of their 8-year marriage

Ne-Yo speaks out after wife Crystal announced end of their 8-year marriage

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job